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Business, Economy

“Disney Eyes Thousands of Layoffs, With Managers Asked to Cut 20%”

November 13, 2026

“(Bloomberg) — Walt Disney Co. is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter. The savings could come from job eliminations… Continue Reading…

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Economy, Personal Finance

“The 2032 blind spot: Many Americans don’t know a 22% Social Security cut is looming”

November 12, 2026

“More than one in five Americans have no idea that their monthly Social Security checks could be slashed by roughly 20% in six years. Social Security’s reserves could run out at the end of 2032, according to the 2026 Social… Continue Reading…

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Stocks

“Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance”

July 14, 2026

“Gap issued mixed fiscal first-quarter results, missing on the top line but beating on the bottom. CEO Richard Dickson told CNBC sales at Old Navy were worse than expected after the brand’s spring and summer assortment failed to land with… Continue Reading…

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Business

“Lucid Group (LCID) Cuts 18% Of U.S. Jobs As COO Exits And Lawsuits Loom”

July 13, 2026

“…Lucid Group (NasdaqGS:LCID) is cutting about 18% of its U.S. workforce and eliminating certain production shifts. The company is removing the chief operating officer role as part of a broader restructuring of its leadership structure. These changes come alongside class… Continue Reading…

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Business, Economy

“Meta will cut 10% of workforce as company pushes deeper into AI”

June 25, 2026

“Meta plans to lay off 10% of its workforce, about 8,000 employees. The job cuts will begin May 20, and the company is scrapping plans to hire people for 6,000 open roles, according to a Thursday memo to employees. Meta’s… Continue Reading…

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Economy, Stocks

“PepsiCo earnings beat estimates as Doritos, Lay’s price cuts win back shoppers”

June 11, 2026

“PepsiCo’s quarterly earnings and revenue topped Wall Street’s expectations. The company’s struggling North American food business reported a return to volume growth following price cuts on brands like Doritos and Lay’s. Pepsi reiterated its full-year forecast, but said the global… Continue Reading…

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Energy

“‘Thank you, Mr. Tariff!’: The US just posted a massive 55% deficit cut — Trump calls it the ‘biggest drop in history’”

April 16, 2026

“According to the latest U.S. International Trade in Goods and Services report from the Bureau of Economic Analysis, the goods and services deficit for January and February 2026 fell by $136.1 billion, or 54.8%, compared to the same period in… Continue Reading…

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Economy

“US job cuts surged 183% in October to a record 153K. Is this the end of America’s ‘no hire, no fire’ landscape?”

December 5, 2025

“…U.S.-based employers announced 153,074 job cuts in October, up 183% from September and up 175% from October 2024, according to job placement firm Challenger, Gray & Christmas (1). “This is the highest total for October in over 20 years, and… Continue Reading…

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Economy

“Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit”

May 13, 2025

“…Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March and more than double the $7.1 billion a year ago, the Treasury Department reported Monday. That brought the year-to-date total for the duties up to… Continue Reading…

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Economy

“Trump says the Fed should cut rates to ease the economy’s transition to his tariffs”

March 20, 2025

“…In a post Wednesday night on Truth Social, Trump encouraged Chair Jerome Powell and his colleagues to ease policy as the administration enters the next phase of its aggressive trade policy. “The Fed would be MUCH better off CUTTING RATES as U.S.Tariffs start… Continue Reading…

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